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Senegal bonds are trading at distressed levels and there is a risk of restructuring
UK and South Africa firms to collaborate on equity research, trading and advisory
Company signed inaugural facility for $175m in 2024
Deutsche Bank runs process as country’s capital markets rehabilitation continues
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About 30% of the deal expected to go abroad as other EM discount retailers will serve as comps
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The three major credit rating agencies do not understand the ‘anatomies’ of African economies, three of the continent’s finance ministers said on the fringes of the IMF’s Annual Meetings
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Members old and new want to be on good terms with Russia and China — but not too much
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One of the bright spots in 2024 has been progress on sovereign debt restructuring — Zambia, Ukraine and Ghana have restructured their debts. But while the market has made great strides in refining a complex and often fractious process, concerns remain, particularly over the vital issue of comparability of treatment
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Concessional finance is essential for getting through difficulties, but countries must attract private money
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Climate finance flows are too slow, says the head of one of Africa’s largest banks. Attracting large institutional investors and Middle Eastern sovereign wealth funds will be vital to speeding them up